What Is a VDR Provider?

VDR Provider provides a secure platform to share files and speed up deals. Its features include a simple and straightforward configuration that is equally accessible to CFOs and accountants at the entry level deployment options on any device, single-sign on and function prioritization according to your workflow.

A VDR offers granular permissions for users and files, along with sophisticated access control for email addresses and domains to reduce the chance of leakage of data. They also permit the adding watermarks to sensitive documents and limit who can print them and make it more difficult for hackers to take away data. They can also protect against server failure by automatically switching over to a secondary server. This keeps the process running even if the first server fails.

Some VDR providers offer additional features like databases that can be searched and a dashboard which tracks activity. They also offer advanced security features such as banks with 256-bit encryption, making it impossible for unauthorised users to read data. They can also monitor every activity in the VDR which includes who downloaded or viewed what thus providing an audit trail of the data’s access.

Other VDR providers specialize in particular kinds of deals or industries. For example certain VDRs have a particular focus on M&A and others are focused on collaboration in science. Some even have specialized tools that aid in legal litigation or are suitable for the archiving of large amounts of documents. The selection of VDR provider depends on the size and complexity of project or transaction at hand.

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